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The Selection and Maintenance of a Gilt-Edged Portfolio

Published online by Cambridge University Press:  18 August 2016

G. T. Pepper
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Extract

This paper is primarily concerned with investment by life offices and pension funds in British Government stocks with lives of more than 5 years, although there are important implications for all classes of investors. Investing in British Government stocks over the post-war period has become a highly technical process. The advent of the electronic computer has opened up an entirely new field of statistical data thus making some of the old methods obsolete. The paper illustrates some of the new techniques developed by the author and his colleagues. Other actuaries have also been developing new approaches and it is hoped that they will contribute to a lively and constructive discussion.

Type
Research Article
Information
Journal of the Institute of Actuaries , Volume 90 , Issue 1 , June 1964 , pp. 63 - 103
Copyright
Copyright © Institute and Faculty of Actuaries 1960

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References

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